AG Thorson

Technical Analysis Expert & Editor @ GoldPredict.com

AG Thorson is a registered CMT through the MTA and an recognized expert in technical analysis of the precious metals markets. He is also the Editor of GoldPredict.com where members receive daily updates and regularly scheduled reports 3-days a week. He prides himself on making his analysis easy to understand through the use of adaptive and creative charting methods. You can reach AG at [email protected].

AG Thorson Articles

Precious metal plummeted on Monday after Biden reappointed Powell to the Fed. Prices are dropping into a cycle low and should find support in the coming days. Sentiment may finally be shifting in golds favor. I see the potential for a...
The Fed continues to inject liquidity as inflation hits 30-year highs (likely a policy error). Consumer Sentiment fell to a 10-year low as inflation reaches 30-year highs. Precious metals and miners could be on the verge of a major...
Gold prices have languished after spiking to new all-time highs in 2020. The Fed's transitory inflation story is dead, as inflation spikes to 30-year highs. Some estimate the Fed's favorite measure of inflation (PCE) could double from 3.5...
Gold miners are surging over persistently high inflation data. Perhaps investors are beginning to question the transitory inflation claims of the Fed. A sustained breakout in gold miners could signal a major bottom in precious metals, in...
The 3-year cycle in Barrick Gold (GOLD) seems to set critical turning points every third September (2012, 2015, 2018, 2021?). With prices steadily declining for the past 12-months, the odds support a potential bottom in the following days...
The August employment report came in at just 235,000 jobs versus the expected 730,000 by economists. Gold jumped over the potential for a weakening economy and delayed Fed tapering. A sustained breakout above $1840 in September would be...
The intermediate cycle in gold (chart below) has formed turning points roughly every 128-calendar days (4.2-months). That cycle just turned again, triggering an intermediate low on August 9, 2021. Gold must now stay above that low to...
The 40-day cycle in gold is very close to bottoming. Ideal support arrives near $1750. Finishing the week above $1760 would support a bottom in gold and renewed uptrend in precious metals.
Gold prices are consolidating after its post-Fed collapse. Gold formed a bullish engulfing candle on Monday but needs to close above $1800 to support a possible bottom. A continued breakdown below $1750 would be near-term bearish.
After a prolonged decline, gold miners are showing signs of strength. The analysis below supports an immediate breakout and renewed uptrend in precious metals and miners. If all goes well, gold should work its way back to the $2000 level...
Seventy-five percent of all gold in circulation has been extracted since 1910

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